Market research firm CB Insights outlined eight potential initiatives Google and its parent company Alphabet may take to enter the healthcare industry in a recent report.

"Google is betting that the future of healthcare is going to be structured data and [artificial intelligence]," the report reads. "The company is applying AI to disease detection, new data infrastructure and potentially insurance. … In short, Google seems to be going after the healthcare space from every possible angle."

Here are the eight potential entry points Google may take into the healthcare industry, according to the report.

7. Rolling out population health interventions that target social determinants of health, such as food and transportation, alongside traditional healthcare

8. Exploring a Google-led insurance company, which might focus on detecting and managing customers' diseases using AI. CB Insights noted Verily is hiring for a health plan executive, and recent reports have suggested Verily is bidding for Medicaid contracts.

CB Insights hypothesized Google's most likely area for success is in the first and fifth use cases, augmenting physicians' ability to detect, triage and manage various conditions, while the firm expects Google to face more barriers developing hardware solutions.

"Google is working on so many initiatives focused on so many different facets of healthcare across so many areas of the company that the chances of failure are high," the report reads. "But so is potential for success."